63
63
Jun 17, 2013
06/13
by
CNN
tv
eye 63
favorite 0
quote 0
so the economy does well, you will see a rising rate environment. at 3.5% on a $250,000 home with 20% down, you pay about $898. the same 30-year fixed mortgage will coáu you 954 bucks at 4%. that's $56 more a month or $672 a year. down payment, credit score and d8income determine the rate youl pay. >> borrowers that are getting the best rate are putting 20% to 25% down. they have income that is documentable. so they're providing w-2s and federal tax returns. and they have an excellent r credit score. something over 700 or 720. >> reporter: a quick closing at a time also helps. >> you get your best rate from a lender if you lock in for 30 days. standard to lock in for 60 days. the longer you go out, the more expensive it will be. >> reporter: ask your lender about a float down provision so your rate could be adjusted lower if rates do slip again. if you're still looking for the right house, make sure you're preapproved for a mortgage. and pay down your debt while interest rates on auto loans and credit cards are still low. >> this is a time to take
so the economy does well, you will see a rising rate environment. at 3.5% on a $250,000 home with 20% down, you pay about $898. the same 30-year fixed mortgage will coáu you 954 bucks at 4%. that's $56 more a month or $672 a year. down payment, credit score and d8income determine the rate youl pay. >> borrowers that are getting the best rate are putting 20% to 25% down. they have income that is documentable. so they're providing w-2s and federal tax returns. and they have an excellent r...
224
224
Jun 21, 2013
06/13
by
CNNW
tv
eye 224
favorite 0
quote 0
look, i'm still pretty bullish on the economy as christine knows. the thing that is really interesting about this, carol. the fed and ben bernanke did not announce the other day that they were taking the punch bowl away. they were saying, right, christine, they might take it away some time in the future and just that, so, you know, cause so much nervousness on wall street that you saw this big, this big selloff. i don't expect the selloff to continue. i think this was just a little bit, a temper tantrum because they were -- >> a taper tantrum. >> a taper tantrum. >> absolutely. >> ben bernanke, so interesting, ben bernanke basically said we'll go on a diet some time next year and that's what got everybody so worried about a diet that hasn't started yet. just the fact that he was so clear about going on a diet is why every aen with is concerned. >> taper means the economy is improving. wall street is just kind of jittery because they're not going to be propped up any more. it's not going to hurt them in the long run if the economy is improving. >> bu
look, i'm still pretty bullish on the economy as christine knows. the thing that is really interesting about this, carol. the fed and ben bernanke did not announce the other day that they were taking the punch bowl away. they were saying, right, christine, they might take it away some time in the future and just that, so, you know, cause so much nervousness on wall street that you saw this big, this big selloff. i don't expect the selloff to continue. i think this was just a little bit, a...
192
192
Jun 16, 2013
06/13
by
CNNW
tv
eye 192
favorite 0
quote 0
up next, a world economy in turmoil. derail america's economic comeback. christine romans has answers. "your money" starts right now. >>> another week of volatility in the markets. the reason, we global unrest and uncertainty about the fed's role in propping up the economy. i'm christine romans, this is your money. from space, earth appears peaceful. take a closer look. while signs point a u.s. economy ready to take off, the rest of the world is struggling to take flight. riots in turkey. slowing growth in china. unrest over harsh cuts in greece. from extreme greed to extreme fear. concerns over
up next, a world economy in turmoil. derail america's economic comeback. christine romans has answers. "your money" starts right now. >>> another week of volatility in the markets. the reason, we global unrest and uncertainty about the fed's role in propping up the economy. i'm christine romans, this is your money. from space, earth appears peaceful. take a closer look. while signs point a u.s. economy ready to take off, the rest of the world is struggling to take flight....
121
121
Jun 20, 2013
06/13
by
CNNW
tv
eye 121
favorite 0
quote 0
this is the world reacting to the economy being well enough so they can pull back sometime next year. >> can i ask a stupid question? >> what's your stupid question. >> first of all, if the economy is doing better, and we all knew the stimulus is temporary, why is this such a surprise? >> that is a great question, because this is exactly what everyone said they thought would happen, that the fed would say stimulus is going to continue, but they would give a road map for how it would be tamped down. that's exactly what happened. the nagging worries you still see in global markets. record unemployment in europe. china's factory output is the slowest in nine months. last year china's growth was the slowest in 13 years, and there's this worry that if you have no fed in the u.s., you have no growth. look how much money the fed has been pumping into the system. you have the fed's balance sheet that has exploded and you still only have 2% growth in the u.s. if you've got china slowing and the fed pulling back at the same time, what is that going to mean for markets, for investors, for intere
this is the world reacting to the economy being well enough so they can pull back sometime next year. >> can i ask a stupid question? >> what's your stupid question. >> first of all, if the economy is doing better, and we all knew the stimulus is temporary, why is this such a surprise? >> that is a great question, because this is exactly what everyone said they thought would happen, that the fed would say stimulus is going to continue, but they would give a road map for...
138
138
Jun 16, 2013
06/13
by
CNNW
tv
eye 138
favorite 0
quote 0
i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. always go the extra mile. to treat my low testosterone, i did my research. my doctor and i went with axiron, the only underarm low t treatment. axiron can restore t levels to normal in about 2 weeks in most men. axiron is not for use in women or anyone younger than 18 or men with prostate or breast cancer. women, especially those who are or who may become pregnant and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these symptoms to your doctor. tell your doctor about all medical conditions and medications. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet or body swell
i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. always go the extra mile. to treat my low testosterone, i did my research. my doctor and i went with axiron, the only underarm low t treatment. axiron can restore t levels to normal in about 2 weeks in...
480
480
Jun 20, 2013
06/13
by
CNNW
tv
eye 480
favorite 0
quote 0
the economy has been just full every month. $85 billion a month the fed has been pumping into the economy. the fed chief yesterday said, you know, eventually things will be good enough in the job market, et cetera, they'll be able to pull that back, and just that consideration have really spooked global markets. i want to give you a snapshot of how everything around the world is moving. you can see gold prices tumbling here today at a two and a half year low, down to 5%. oil prices are falling below $96 a barrel. the ten-year yield, interest rates are rising right now, and the overseas markets, down 1 to 3%. all but about 100 stocks are lower in the u.s. it has been a widespread reaction basically until the markets get used to the fact that the fed won't be in there forever. there are also jobless claims showing a little higher, showing not as much strength in the jobs market as you would like. that spooked people a little bit. nervous investors. also, this, carol, is the end of the quarter. it's coming up here on the end of the first half of the year, so you've got fund managers saying,
the economy has been just full every month. $85 billion a month the fed has been pumping into the economy. the fed chief yesterday said, you know, eventually things will be good enough in the job market, et cetera, they'll be able to pull that back, and just that consideration have really spooked global markets. i want to give you a snapshot of how everything around the world is moving. you can see gold prices tumbling here today at a two and a half year low, down to 5%. oil prices are falling...
101
101
Jun 15, 2013
06/13
by
CNNW
tv
eye 101
favorite 0
quote 0
there was a little in occupy movement and they went away and went right back on their i-phones when the economy picked up again. here is a young man who is, you know, doing an act of civil disobedience and is fully expecting to take the confidence kwe kwenss no different than dr. martin luther king did. >> what is the difference do you think in the world, i'll ask tom and then go to wendy, in the world he lived in and grew up in. she mentioned dr. martin luther king. what is the difference now for someone who is a millennial to think it is okay to give away these government secrets and for this intelligence? is it something that he doesn't know about the world or something that he does know about the world because of the information age we live in? >> my opinion what i've heard him say publicly makes me think he is politically about as ignorant as anybody i've ever heard and naive. >> you think he is naive. >> extremely naive. so to think that he should save the world himself by giving up confidential information or breaking the law, you know, we have 800 thousand plus people in this country wi
there was a little in occupy movement and they went away and went right back on their i-phones when the economy picked up again. here is a young man who is, you know, doing an act of civil disobedience and is fully expecting to take the confidence kwe kwenss no different than dr. martin luther king did. >> what is the difference do you think in the world, i'll ask tom and then go to wendy, in the world he lived in and grew up in. she mentioned dr. martin luther king. what is the...
273
273
Jun 18, 2013
06/13
by
CNNW
tv
eye 273
favorite 0
quote 1
economic crisis has shown us is that we need to be able to connect and communicate with other emerging economies. this type of english-only thinking is what's going to keep our country backwards. it is a plus to be bilingual. i'm bilingual. my mother came to this country and she didn't speak english when she got here. she was able to become legalized, learn english and become a citizen. and now she's a business owner. i wouldn't be sitting here today if my mother hasn't been given the opportunity. and we're just asking for the same opportunity for everybody else. >> all right, kathy bird, thank you so much for joining us this morning. >> thank you so much, carol. >> you're welcome. >>> up next in the "newsroom" -- >> i have to believe that you were sent here for a reason. you owe it to yourself to find out what that reason is. >> the man of steel, souperman,a jesus figure? we'll talk about that next. [ female announcer ] last day, deb. checking out of the hilton shouldn't be a pity party. your next trip is calling. saying, "deb, find a view for two at a conrad." or "make room for more at an emba
economic crisis has shown us is that we need to be able to connect and communicate with other emerging economies. this type of english-only thinking is what's going to keep our country backwards. it is a plus to be bilingual. i'm bilingual. my mother came to this country and she didn't speak english when she got here. she was able to become legalized, learn english and become a citizen. and now she's a business owner. i wouldn't be sitting here today if my mother hasn't been given the...